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San Francisco Group
In this Group: Eustaquia, Ceferina , Nelly , Brígida , Juana , Marta , Virginia , Lilia , Castorina , Gladys , Felicia , Gladys
12 women from the city of Santaní got together for the purpose of forming a group of women entrepreneurs from Fundación Paraguaya. They are the heads of their households and must feed their families every day. For that reason they always work very hard since they don’t want their children to go without as they did.

Lilia is one of the members of the group. She tells us that she has a lot of good things to sell and that things are going well in her shop. She considers herself to be a hardworking person who values progress and enthusiasm.

She’s asking for a loan to buy basic goods like meats, drinks, dairy products, baked goods, canned goods, and other items with which she will supply her business.
View original language description ↓
12 mujeres de la ciudad de Santaní se unieron con el propósito de formar parte del programa de mujeres emprendedoras de la fundación paraguaya. Ellas son jefas de familia que deben de llevar el pan de cada día a sus casas y es por ello que siempre se esfuerzan el doble, ya que no quieren que sus hijos pasen por privaciones como las que ellas tuvieron que pasar.
Lilia es una de las miembros del grupo, y nos comenta que ella tiene muy buena pasta para la venta, por lo que le va muy bien en su despensa. Se define a si misma como una persona muy trabajadora y con un gran espíritu de progreso y entusiasmo.
Ella solicita el crédito para la compra de insumos de primera necesidad, con lo cual podrá surtir su negocio, como ser carnes, bebidas, lácteos, panificados, enlatados y demás.

Additional Information

About Fundación Paraguaya

Fundación Paraguaya is a financially self-sustaining social enterprise that promotes entrepreneurship in urban and rural areas through microfinance, education programs, and more. Its focus on agriculture has helped many farmers boost their crop yields. And a number of other borrowers have taken out loans to start and grow social businesses that have helped deliver eyeglasses, medicines and other helpful services in their local communities.

This is a Group Loan

In a group loan, each member of the group receives an individual loan but is part of a larger group of individuals. The group is there to provide support to the members and to provide a system of peer pressure, but groups may or may not be formally bound by a group guarantee. In cases where there is a group guarantee, members of the group are responsible for paying back the loans of their fellow group members in the case of delinquency or default.

Kiva's Field Partners typically feature one borrower from a group. The loan description, sector, and other attributes for a group loan profile are determined by the featured borrower's loan. The other members of the group are not required to use their loans for the same purpose.

About Paraguay

  • $4,555
    Average annual income
  • 62
    View loans »
    Paraguay Loans Fundraising
  • $27,561,850
    Funds lent in using Kiva
  • 4,255.0
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A portion of San Francisco Group's $2,000 loan helped a member to buy meats, drinks, baked goods, canned goods, and other items.
100% repaid
Repayment Term
9 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 28, 2012
Listed
Apr 27, 2012
Currency Exchange Loss:
Covered
Ended:
Nov 15, 2012